Former Westcon Group Executive Vice President and IMAX Executive To Help Guide Growth
Mountain View, Calif. – August 19, 2008 – Coupons, Inc., the leading provider of interactive coupon marketing and technology solutions, has appointed Brian Weisfeld as its Chief Operating Officer. Mr. Weisfeld brings a wealth of large-scale operational experience to the company as it continues to experience rapid growth, driven by the accelerating shift of the coupon promotions industry away from traditional offline sources to the Internet.
“The growth and momentum we’ve experienced in recent years allows us to attract top talent, like Brian Weisfeld, to Coupons, Inc.,” said company Founder and CEO Steven R. Boal. “Brian has experience helping companies manage significant growth and we look forward to meeting our future goals with his expertise.”
Weisfeld joins Coupons, Inc. at an opportune time. The company recently launched Brandcaster, the industry’s first content-relevant promotion network. Last quarter Coupons, Inc. announced a strategic partnership with Yahoo! to deliver coupons to consumers via its mobile platform. In addition, the company acquired CouponBug, LLC, providing printable coupons and technology to the nation’s leading television broadcast stations.
“Coupons, Inc. successfully leverages its brand relationships, technology, and deep understanding of both the coupon and interactive marketing businesses,” said Mr. Weisfeld. “I’m excited to be part of the company’s continuing growth and momentum as it further develops its business both internationally and via new verticals and as it increases its market share with brands, retailers, and online publishers.”
Before joining Coupons, Inc. Weisfeld spent four years as Executive Vice President, Operations at Westcon Group, a $3 billion revenue technology distribution company. There he oversaw the company’s worldwide operations, logistics, human resources and its Australia and New Zealand divisions. He was directly responsible for $250 million in revenue, a $35 million operating budget and 350 employees across 10 countries. In addition, Weisfeld led the company’s active merger and acquisitions activity and was responsible for five acquisitions totaling over $100 million.
Prior to joining Westcon Group, Weisfeld served as Senior Vice President, Operations of IMAX Corporation, the giant-screen theatre company. Weisfeld was part of a three-person firm that purchased IMAX for approximately $100 million and grew it to a more than $1 billion valuation at its peak. Weisfeld started his career as an investment banker at Kidder, Peabody & Co. Incorporated and spent several years as a private equity investor. Weisfeld has completed more than 20 corporate transactions during his career. Weisfeld holds a bachelor’s degree in business administration from The University of Michigan as well as a master’s degree in business administration from The Wharton School of The University of Pennsylvania.